IN RE LAWLESS

Bankruptcy No. 87-00581-2-12.

74 B.R. 54 (1987)

In re Richard R. LAWLESS & Jeannie E. Lawless, Debtors.

United States Bankruptcy Court, W.D. Missouri.

May 29, 1987.


Attorney(s) appearing for the Case

Joel Pelofsky, Kansas City, Mo., for debtors.

David DeTar Newbert, Asst. U.S. Atty., Kansas City, Mo., for Farmers Home Admin.

Bruce E. Strauss, Kansas City, Mo., for Wood and Huston Bank.


MEMORANDUM OPINION

FRANK W. KOGER, Bankruptcy Judge.

Debtors filed their petition under Chapter 12 on February 10, 1987, and relief was ordered on that date. Notice of the filing and the setting of the Section 341 meeting was issued on February 20, 1987. The schedules filed by debtors and the testimony of debtors at the Section 341 meeting clearly indicated that debtors did not qualify for relief under Chapter 12 in that less than 50% of their gross income...

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